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Search Results 0 to 34 of about 35 (some duplicates have been removed)
to steve. >> a beautiful sunrise here. a few high clouds. i know it's cold. man, it hurts. hurts. temperatures in the 20s. more 20s than yesterday. it doesn't happen if you are inland. it can help downslope, the offshore breeze will help the bay. frost and freeze warnings are out. those higher clouds coming down out of the north. northeast. so that's the direction the wind is coming from. that's what gives us a little bit of that high cloud cover. there's actually some warm temperatures up in alaska. there's more of this in arizona and nevada. yesterday, there was a lot more of a breeze. when the wind is calm, the temperature drops down. that's what you are getting. fairfield, 26. brentwood, 29. concord, 29. walnut creek, 28. livermore/pleasanton, upper 20s. santa rosa, 28. napa, 28. 38 half moon bay. not far away i've seen 32. redwood city says 35. san jose, 33. campbell, santa clara, upper 20s. woodside also upper 20s and there is a bunch in the mountains. you need more cloud cover and kind of a west wind. we're not getting that. it will stay cold but that helps areas around oa
to steve. >>> i remember joe montana very well, sal. 49ers didn't beat the bangles joe montana did. >>> and this is nothing they have experienced getting into the lower 40s maybe some mid- 40s and any precipitation stays to the north. overnight is cold and santa rosa, with 46 balmy degrees coast and bay, almost 70 degrees and the airport was 80 degrees cooler and still very mild conditions. kind of cold by the time it reaches the bay. down towards discuss, very mild but after today changes are brewing and we have a system that is starting to work its way in. increasing clouds on tuesday and it does look like clouds may move in towards cloud cover and our forecast, you can see timeline is up at the top, no worries today, increasing clouds come in tuesday and things start to move towards the north bay and it kind of just stays there. golden gate fell lay north, today sunny, good to -- vallejo north, sunny good to go, temperatures are warmer by the water's edge, the easterly breeze is not as strong as it was. highs today, upper 50s to lower 70s but still 67 downtown oakland and 72 in
's such a great drive but be warned. >>> let's go to steve. >> thank you, sal. avenirs morning. sunrise. you think it's cold here, crested butte, colorado, gunnison county, minus 36 this morning. minus 36. >> wow. >> ced butte. i've been there, but in the summer. [laughter] >> there's about 14 record lows set in colorado and wyoming. a lot of them about 10 below to 36 below. some of the coldest air in four years will be moving into the great lakes and the northeast in the next five to seven days. for us, it's cold. upper 20s are cold. another cold morning. a little bit warmer. temperatures are coming up slowly for some of you. i know it's not fast enough. but there is a slow warmup on the afternoon temperatures. but still, cordelia, 25. sebastopol, 26. healdsburg, 28. stanford, 29. i've seen more 29s. concord, is 28. livermore, says 31 but not far away it's 29. fairfield now reporting, 26. novato, 28. santa rosa, 28. officially it's 42 in the city. noe valley, san jose, upper 20s. clear skies looks really nice. high pressure has built in. temperatures are coming up a little bit. we're getting some
. one key concern is profitability, and i think one thing about steve jobs, we always saw him put out products and he had a minimum 10% margin on it. we'll see if this new apple without steve jobs has that same discipline. i hope it does, and if it does it will be a great stock for a long time. >> so, in other words, i think i hear you both saying put money to work in tech next week. >> tech has been one of the worst performing groups over the last year actually because of multiple compression. not so much that the earnings were bad. in fact, you know the s&p earnings were only up 2.6% for the year, and yet the market was up 16. it's really due to valuations increasing. technology had the opposite happen, so the bigger companies are extremely cheap. actually historically cheap, and as long as they have growth, and they do, greater than the average growth of the s&p, they are all buys. >> yeah. >> but, dave -- >> robert? >> yeah. i would say there's some tech companies that are really destroying value. hewlett-packard, dell, microsoft, not creating value anymore. in fact, it's a utilit
hard to get steve jobs back, so i have that going against them. rehabilitating when they were on the floor that introduced all of these products including the iphone in 2007. the iphone do not have much competition for the first few years after it was introduced. the first android phones from google were not that good, but the combination is very powerful and apple just as proof how fast things can happen is just how fast iphone five sales have slowed down. david: this is an epic business story. books will be written of how apple lost this extraordinary lead they had with a few months ago they would not lose for years, if ever. what is the lesson, what did they do wrong? thinking they could do no wrong? or what? >> that is a great question, david. steve jobs said something very valuable in the next 90s interview when he was out of apple telling the apple executives not to be greedy and live on high margin products because it would not last. you can substitute iphone for mackintosh and the same thing would be true today. they thought they could live in a world they could dictat
in today's "closing bell" exchange by hank smith and steve from comcast funds and our own rick santelli. >> hello. >> good to see you guys. >> thank you so much for joining us. >> hank smith, we haven't heard from you in a while. let me kick this off with you. how are you investing going into all of these earnings coming out from the banks this week as ahead of that debt ceiling debate? >> sure, maria. our equity portfolios are fully invested. we see no reason 2013 can't deliver very similar returns as 2012 did. the fact is we still have a good fundamental backdrop. the economy is expanding. it's not contracting or growing. value sheets are strong and valuations are very attractive so what is there not to like? >> you're our resident skeptic today, and i would point not to the normal averages that we quote every day, but look at the dow transportation average which could close at an all-time high today. the transportation companies, often a leading indicator for the economy. if they are doing well. chances are the economy is going to get better. wouldn't that make you want to buy stocks
with an eventful weekend ahead. the timing could not be better. up next, steve paulson will have more. >>> a firefighter hit by snow, right there. he's trying to rescue people from a burning building. how his fellow firefighters had to save him. >>> westbound 24 between walnut creek and oakland, getting a little bit more crowded. peel we'll you -- we'll tell you about other things og gun in the east bay. &c&c1 powerful answers. verizon. >>> aagency >>> a hawaiian beach is back open after a surfer was attacked by a shark. it happened two days ago. a 43-year-old man was reportedly surfing about 200 yards offshore with a friend when a shark bit his arm. he also suffered injuries to his legs. it's believed the shark was a 15-foot tiger shark. >> it was somewhat kemping this is our surf break and there's a 15 to 16-foot tiger shark right there, hanging out -- concerning this is our surf break and there's a 15 to 16- foot tiger shark right out there. >>> a firefighter had to be rescued himself from smalling snow. he climbed a ladder to get to people trapped on the fourth floor, when a huge
. >> let's go to steve. >>> a little change here, a long stretch of dry weather is about to end tomorrow. mostly sunny. but already some noticeable changes on parts of the coast where it is a good, 10, 15 degrees cooler than it was at this time yesterday. a little change in our wind direction. there's still a slight component of an offshore breeze. but two system, one to the north, one to the southwest will begin to slowly work their way in here especially late tonight and tomorrow. the system, though, today, mostly sunny here in the morning and then a few high clouds later on. it's really not aliving until tomorrow. it's the -- arriving until tomorrow. it looks to be a stretch of dry weather. mostly sunny, hazy, clouds, cooler, light rain, maybe moderate rain comes in tomorrow especially around noon into the afternoon. 48. 44 half moon bay. yesterday at this time 54. so a big difference there. still low 30s holding on. not the 20s except for fairfield. eastern day temperatures have been -- each day temperatures have been coming up. coast and bay have been mild to warm. our computer mode
and longer. if you are driving that stretch, give yourself the appropriate amount of time. let's go to steve. >>> thank you, sal. some areas near the coast are closes to 50. others inland are in the -- are close to 50. others inland are in the 40s. also patchy fog around here. a little haze in the air but an easterly breeze means milder temperatures. i've had about five or six tweets saying it's a lot warmer. high pressure still holding, a couple of series of deep systems, gulf of alaska down to hawaii trying to break through. there is a hint next thursday that we could get a dip in the jet stream. fog, cold, it will be warmer. we'll be getting more 50s. it's been a gradual warmup over the weekend. big difference in some of the temperatures. 28 novato, 27 santa rosa. i saw a lot of 30s and even 40s in marin county, some of the higher elevation, woodacre, 45. mill valley, 43. half moon bay, 46. but not far away i've seen 50. san jose, 34. hayward says a little bit of patchy fog and 36 degrees. offshore breeze mainly, oakland has one and one at half moon bay. inland, it's still going to stay i
grove, craig barrett, titans. go back to the steve jobs, talking about the stodgy intel. there's a funny moment where andy grove basically told him to shut up. but there is a sense that intel didn't move fast enough. at one point they're talking about, listen, our battery life will start exceeding the arm. put on your apple hat, all right? they would rather do business with samsung's chip, even though samsung is their biggest competitor, than switch to intel. >> what are we missing? there's uniform negativity here. we'll look back on it at end of this year and say, wait a second, we should have thought of that. >> don't throw that. >> that pc was bad, and they had every right to go out the window. all right, i've calmed down. >> there's no hope? >> anytime you have that budget, you can do it. i like stacy very much. it's a great manufacturer. there's hope. >> okay. >> there's hope. same level of hope. silver lining theory i call it. >> okay. when we come back, a wall street analyst known for being a longtime bear on netflix. and from textbook reynolds to the linked-in for college student
in the panel. steve hayes for the "weekly standard." juan williams, columnist with the hill. syndicated columnist charles krauthammer. okay, steve. we saw earlier an amendment offered by south carolina's mick mulvaney to pay for $17 billion in disaster relief was shut down. now there is another effort to scale back the overall packag package. what about this debate and how it's playing out? >> it's a good debate. what we saw with the mulvane amendment was telling. republicans were voting 2 to 1 in favor of the amendment which would have taken the $17 billion and offset it by making $1.6% cut to discretionary spending across the board. that is a perfectly reasonablebe proposal. most republicans voting for it. what is discouraging you got so little real attention from democrats and it was criticized so heavily in such, i think a demagogic manner by some other republicans. you had hal rogers,be chairman of the house appropriations committee suggest that the cuts, 1.6% of discretionary spending, those cuts would be devastating slash and burn cu cuts. that is false. it wouldn't be. we can ha
this as they contemplate cutting funds for social security and medicare? an economist with ftn joins us and steve liesman, of course, our own senior economics reporter. good to see you both. lindsey, what kind of a threat is this to the economy? how do you see this? pretty scary stuff actually. >> i really don't see this as that big of a threat to the u.s. economy. i think this store sea little misleading talking about 401(k)s being drained by 5 25%. what this is 25% of new money. on net we're still seeing over 200 billion flow in on an annual basis to 401(k)s, a soyuzable amount of savings and it indicates that individuals look at 401(k)s as a vital vehicle for retirement savings. plus, that 25% is not just cash withdrawals, also loans against the balance, and in some cases it makes perfect sense to borrow against your 401(k). for example, if you're thinking about purchasing a car, taking out an auto loan, why wouldn't you borrow against your 401(k), you end up paying yourself back on the interest on the loan. >> i think that's crazy. i think that's absolutely nuts. where is your retirement money if you
in the northeast. >> tom: steve, you mentioned how chipotle can pay for its expansion out of earnings, and can dunkin' donuts afford it? >> it is really up to the franchisee. the good news for dunkin is the cash on cash returns is among the best in the industry. that enables the franchise to expand. >> tom: cream or sugar for you, steve? >> i take the splenda. >> tom: it's noted. do you own any position in the two stocks? >>neither. >> tom: he's a coffee drinker. stephen anderson, miller tabak. >> susie: regulators say "pom wonderful products," may not be as "wonderful" as marketers made them out to be. the federal trade commission is barring the maker of pomegranate juice and tea from making unsupported health claims about its products, like the ability to treat heart disease and prostate cancer. the f.t.c. first filed a complaint, two years ago, alleging that pom wonderful used deceptive advertising. pom says it will appeal. >> 4wé: automakers are placing big bets on the luxury vehicle market this year. as ruben ramirez reports tonight, they're hoping that as u.s. economic recovery continue
? steve liesman has more on that. steve. >> the questions are not easy. they again into sell mandics and have everything to do with if the debt ceiling is solved, and if only for investors, the most important part, what's the economic impact? let's look at some of the rhetoric. the debt ceiling, is it a real tragedy or soap opera? what we have done is graduate the screen from blue over to red, democrat ideas on this side, red on this side. democrats right now hitting the debt ceiling, not raising it. so some republicans say it's manageable. on that issue carl mentioned of default, any missed government employees, that would constitute a default. others are say no, no, we're not paying off the debt itself, that's what default is. on another critical issue, could the government prioritize its payments, take the payments, the cash that's coming in and use it to pay a certain number of things? on this side,ed article mrgs is saying no authority to prioritize, and no ability, and the treasury have different payment systems. republicans say yes, and in fact they're working on a bill right
inaugural address. one thing was almost missing, though. jobs. joining us with more is steve moore. he laid out his agenda, a whole host of things. why not focus on jobs. does he think that this recovery is so on track that jobless rate will continue to fall, steve? >> i was struck by that also. in the whole speech, he did not talk about jobs. he did not talk about private business and entrepreneurs. it was a very pro-government speech. the president has a big challenge ahead. we still have a near 8% unemployment rate in this country, chipolte, over the last four years of this suppose it recovery. i do not think he mentioned the word jobs in that entire speech. dagen: three times. we did a quick count. >> i stand corrected. dagen: if you go through the list of things that he covered, that he wants to tackle, i said gun control at the top, immigration, climate change, equal pay for women, i could go on, but if he focuses on this, what does that do to the economy? what does that do to jobs? if you look at the broad overall agenda, i do not think a lot of this helps the economy much and i do n
. these guys, they remind me of steve jobs used to call these press conferences. and you say, you know ha he's going to do? he's going to unveil x and it turns out to be 10x. is mark zuckerburg capable of that amount of surprise? i don't know. >> he actually came up with the goods. >> it's so exciting. >> i have no idea, all i know is they've got a lot of shareholders who are much happier than they were not long ago. one harkens back to the week when it went public. think of morgan stanley, the criticism that firm took as a result of that ipo. the ceo said give us a year, let's see where things stand. maybe he'll end up looking better. >> would you use a video messaging product on facebook if we got that? >> well, i wouldn't. >> are you on facebook? >> no, i am not. >> that would be a bainier. >> however, i'm sure many would. >> i think so. 1 billion users. >> some sort of a voiceover ip, skype, they would go there, microsoft bought skype, or at least had looked at it, would they go down that road. i don't know. we'll see. >> they've done a good job of keeping the lid on it. nothing's leaked
. >> in today's "closing bell" exchange. carol roth author of "the entrepreneur equation" and steve saks and michael from janney montgomery smith. good to have you here. let me start with you, scott. what do you think about this move? are we going to get more of this? is this just the beginning, or are we in for pullbacks considering what could be coming to washington the next couple of months? >> i think pullbacks are norm a. let's face it, the last couple of months have been a big party. ben bernanke invited us and i don't think the punch bowl goes away. >> the fed is the key issue right now. does that trump the fundamentals, all the earnings we're getting, you pay more attention to the fed? >> you think we have low growth and quite frankly investors are starved for air. they have been holding their breath for four years. there is no oxygen in any other market. there's no place to go for yield. therefore, essentially i think ben is terroristing it to the point to where they got to jump into risk assets and that's what we're seeing. >> david, does that make you bullish as well? >> david
is there. >> wall street is it watching sac capital, steve cohen, one of the largest hedge fund managers out there, the company and he reportedly disclosed that the firm received a wells notice from the sec which means it could be sued for securities laws violations. is that true? >> i -- >> can you comment? >> i will not comment on any investigation but as you bring up insider trading i will note over 160 cases in the last three years. nearly $900 million in illegal gains or losses avoided we have charged. so another area we have been extremely vigorous and active. >> how many insider trading cases are currently in the pipeline? are there dozens more you're looking into, is that fair to say? >> i don't want to put a number on it and remains a high priority and active area. >> what about in high speed trading, high frequency trading? the sec is concerned about that. are you looking into any potential securities law violations with high speed trading or high frequency trading? >> look, we're looking at a sort of number of actors and transactions in the market structure case. we brought ca
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. republican congressman steve stockman from texas says he'll take action to stop presidential directives including filing articles of impeachment against president obama. >>> the national rifle association has released a target shooting app on itunes approved for preschoolers ages 4 and up. nra practice range includes a shooting practice feature, safety tips and state-by-state gun laws. >>> the white house has rejected a petition calling for texas to secede from the u.s. the response from the white house said that free and open debate is what makes this country work, but we don't let that debate tear us apart. >>> jenny sanford says she will not run for congress from south carolina against her ex-husband, mark sanford. she says, quote, i think my job as mom right now is much more important. >>> ann romney, wife of the republican presidential candidate, said during the 2012 campaign that she was a big fan of "dancing with the stars," but it's reported that romney said no to an invitation for her to appear as a contestant on that show. >>> former president bill clinton was a big hit at "th
in chicago. steve liesman is in studio. steve, one thing on the daily news, charlie sheen is going to be a grabbndfather. isn't he 47? >> anthony weiner. anthony weiner still spending money out of his campaign account. >> that's legal, right, in the state of new york? >> it is, lawyers and fees. >> among other things. if i see an article about anthony weiner, i read it because of the bell. >> joe is stalling for time. we have 31 seconds. >> i could have asked you a question. i'm saving viewers from one of your answers to a question. i'm kidding. what are we looking for in the cp cpi. >> i will tell michele. i'm note talking to you, joe. it's supposed to be unchanged, food and energy, inflation for the miami is not the problem, if it's the problem now. >> because we're winning! ric rick. >> here we go. survey says unchanged on headline, just as steve pointed out, as expected. strip out the all important food and energy, we're up .1, we look at year-over-year, headline up 1.7, a tenth lighter than last year expectations of 1.8. just spot on year-over-year, food and energy at 1.9. tha
in lake michigan causing cargo ships and barges to liken their loads. connell: let's go to steve now on how it can impact your wallet. >> because we have had such low water levels, it will impact your wallet. it has been dry in the region. we have had light rains in the summertime in that has produced lower water levels in all of the great lakes. if you are wondering just how low it is, we have a graphic to show you. between 87 and 97, the water drop a foot. between 94 another foot lower. it is at historic low water levels in lake michigan. cargo companies will have to carry less. >> you cannot strike bottom. you have to maintain a safe distance. when the water levels go down, we have to reduce our load. >> the catch is that when you are shipping the very biggest loads by boat is the cheapest way. you can go by train, you can go by truck, what have you. if you are going to try to get there, you need to ship by barge or five oh. >> we have a lot of manufacturers here along the river system. you take away the barge auction, you could see ten, 20, 25% increase. that gets passed onto the
stay there and get some more commentary on these numbers. steve liesman is here on set. john writing is chief economist at rdq economics. steve a lot of numbers to run through. >> yeah. >> retail sales a little better than expected. bad news is the empire state numbers. >> we've had weakness there, and the weakness remains, and the problem i'm having right now, becky, is the drawing an income chart of the two guys on my side and this big dip that would happen with me in the middle here. i'm incredibly focused on that. >> leverage. >> i'd be part of the mean. vehicle sales had a good month. this is the number that will give us the final tally on the christmas sales. and at least for a moment, settle the debate. that's before the revisions. over what kind of christmas it was. and it's not looking too shabby. 0.4 revision for november. trying to look at the core sales were 0.6. so that's not too bad, either. and then 0.6 as well in december. the ppi under control, 1.3% year over year. rick said. and maybe just bring in john riding here. john, two things. one is the how good a christmas
. let's get to steve liesman who has a report on the debt ceiling. >> andrew, thanks. we want to look at the economic effects of the debt ceiling. kind of in context with what each party is saying about it and how investors might put it into a matrix to make up their minds about what is really going to happen with the question. is it a real tragedy or a soap opera? if you look up here, we've graduated this there blue to red, meaning democrat on this, republican on that side. you know, the democrats are starting to say if you go over the debt ceiling, you hit it, calamitous. and you have other words from damaging to manageable, republicans saying we can do this for awhile and it will be okay. i want to look at specific issues here. democrats say any missed government payment is a default. republicans say, no, only when you don't pay the interest on the debt. how about on the issue of can the government prioritize payments so that the incoming cash equals the outgoing cash? really the republicans -- i'm sorry, democrats saying no authority to do this and really no ability to program our
, it depends which one has the bigger problem at any point in the day. >> steve, thank you very much for joining us. >> my great pleasure. thank you. >> 47 million in 2012. he stays in california, tax bill is $29 million. so if he moved to florida, he would save $6.25 million. >> the tax bill is 29 million? >> 29 million out of 47. that's not bad. that's pretty good. but he could move to florida and keep half, basically keep half instead of keeping 18 out of 47. >> for a guy who is on the road a lot of the time. >> and then the asteroid thing, i saw what al rockier was able to -- he got a lot of mileage out of that story. >> so are you about to make a confession? >> it's not really true. today i'm feeling fine. coming up, i'm going to start being more open. >> more open? i know everything about you. >> to viewers. >> our viewers know just about everything, too. >> if i feel like i have to burp, i am going to -- >> you are not a closed book. >> could you be more open than al roker about something? >> probably not. >> probably not. so every little thing happens to me. >> oh, boy, viewe
the internet, brought in by steve jobs in 2003 and given those generous stock options because back then that's what apple stock was trading at. 7 and change. not 700 and change. $7 and change. gore's obviously a patient man waiting so long. is he suddenly buying on dips? well, the options had to be exercised by this march. after ten years, and just in time he got some fast cash. as you mentioned, he netted a reported $100 million in the half billion dollar sale of current tv to al jazeera. "forbes" jokes, quote, i guess the check from al jazeera must have cleared and the man who was worth $2 million in 2000 is now worth $300 million, richer than myth romney but nowhere nearly as rich as michael bloomberg at 25 billion and he's only a mayor. maria and bill, back to you. >> he should have done it last year before the fiscal cliff when the taxes went up. >> actually al gore was pushing them to do the deal before the year closed because he wanted to get the 15% rather than 20. >> missed out. thank you, jane. >> back with the closing countdown. moving higher here. the dow is up 38. >>> it was a w
through, it could mean higher prices for you. steve brown is live in chicago. >> we have gone through a dry time here in the midwest. we have had back-to-back low snow winters in a dry summer last year but that added to what has been kind of a historical fall water levels for the great lakes. in 1987 they were about average. in the 10 years afterwards the water levels dropped about a foot. in the 70s after that they dropped another three. up until now, another one. 5 feet lower means ships have to travel with less to carry. speaker you can't strike bottom, you will put a hole in her boat, see how to maintain a safe distance between the bottom of the ship in the bottom of the lake and the bottom of the harbor. when the water levels go down, we have to reduce our load. >> certainly traveling there are other transportation options. trees, trucks, but if you have the largest of loads the best way to ship it is by barge or by boat. >> we have a lot of manufacturers with big old shipments. you could see 10, 20, 25% increase in shipping costs getting passed on to the consumer, so there is a
there. periodically getting a new story. we have maria over there, and steve liesman, i mean, it's really -- we're bringing out the big guns. we've got the bazookas there. >> yes, we do. yes, we do. >> it's big. >> it is big. a couple of years ago is when the arab springs started, we were in davos. >> that's right. >> all right. microsoft's there. bombers under fire again. he's under fire constantly. >> it's been a long time. >> let's get a look at the opening bell here in a few seconds. the s&p, as you know, an interesting day, a bit of a run-up here on friday afternoon. let's see how that translates into today's session. at the big board, celebrating the ipo which happens on friday. nasdaq, another ipo from friday, a global enterprise center provider. among the more interesting stories in the papers today, david, deconstruction of what led to the autonomy. interesting color. >> those are always fascinating to read. great reporting by the journal. just in terms of understanding the decision-making, or lack thereof, the directors of the ceo, the pressure he felt he was under. and
zuckerberg taking a page out of the steve jobs playbook with highly touted mystery event. did the announcement live up to the hype? analyst rob enderle is here next. ♪ . >> the write did -- the wait is over. mark zuckerberg revealed his loaning awaited project. shibani joshi is following the event. describe the new search technology facebook is day you booing. >> i want to show you what is happening to facebook shares. they are at session lows. down 1.6%. buy on the rumor, sell on the news is exactly what investors are doing right now. we didn't get a phone. we didn't get anything else that we thought about. some video ads. what we're get is a new search feature on facebook that does not compete with google. so i want to show you what is happening with google shares. google shares took a dip while, facebook shares took a dip while google shares went upwards on the news. people say this is less a direct competitor with google and more a direct competitor with linkedin or even yelp. linkedin shares are also down on the news. here is basically what the company announced. a new
meeting who has been briefed on the scale and intense satisfactory steve the attacks says all the data points towards iran. >> if you look at their pattern of behavior we new that iran had been interested in targets. it has had a nation state fingerprint and only a nation state has something this size. people can draw their own conclusions but i clear we would not rule it out. >> reporter: every major u.s. bank has been targeted with a denial of service attack. a previously unknown group identifying itself as cyber fighters is exsuspected in the attacks with tacking from teheran. there was a major saudia attack on ramco the world's largest producer of crude oil with 30,000 computers affected. they say this is evidence of a brewing cyberwar. win days of the 9/11 event in benghazi another attack targeting the banks. seen as sending a message to the west. the cyber attacks may be the prelude to something more disruptive or destructive. >> it showed that they had a growing ka*b capability and many believed it was more of a probing exercise, in other words, trying to find july in a rjuly in
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